AP National Business

By JUAN LOZANO and JILL COLVIN Associated Press HOUSTON (AP) — One by one, they took the stage at the National Rifle Association’s annual convention in Houston and denounced the massacre of 19 students and two teachers at an elementary school across the state. And one by one, they insisted that further restricting access to

By AMANDA SEITZ Associated Press WASHINGTON (AP) — The warning signs were there for anyone to stumble upon, days before the 18-year-old gunman entered a Texas elementary school and slaughtered 19 children and two teachers. There was the Instagram photo of a hand holding a gun magazine, a TikTok profile that warned, “Kids be scared,”

By JACQUELYN MARTIN, ADRIANA GOMEZ LICON and TERRY TANG Associated Press COLUMBIA, Md. (AP) — Capri Isidoro broke down in tears in the office of a lactation consultant. The mother of two had been struggling to breastfeed her 1-month-old daughter ever since she was born, when the hospital gave the baby formula first without consulting

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Airlines and tourist destinations are expecting monster crowds this summer as travel restrictions ease and pandemic fatigue overcomes lingering fear of contracting COVID-19 during travel. Many forecasters believe the number of travelers will match or even exceed levels in the good-old, pre-pandemic days. However, airlines have

By YURI KAGEYAMA Associated Press TOKYO (AP) — Nakagin Capsule Tower, a building tucked away in a corner of downtown Tokyo that is made up of boxes stacked on top of each other, is an avant-garde honeycomb of science-fiction-era housing long admired as a masterpiece. It’s now being demolished in a careful process that includes

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — China’s foreign minister on Friday arrived on the remote Pacific nation of Kiribati, where the future of a vast fishing ground is at stake. The planned four-hour visit by Wang Yi was his second stop on an eight-nation tour that comes amid growing concerns about

DETROIT (AP) — The Senate has confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration. President Joe Biden’s pick to run the agency was confirmed Thursday by consent without objections or a formal roll call vote. Cliff takes over the road safety agency at a critical time, a week

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — More than 1,250 Thai workers who sewed bras for brands Victoria’s Secret, Lane Bryant and Torrid — and who were laid off last year without their legally required severance — have received 281 million baht ($8.3 million) in compensation. That’s according to worker rights groups

By KATHLEEN RONAYNE Associated Press SACRAMENTO, Calif. (AP) — The Biden administration is advancing plans for offshore wind projects that would place hundreds of turbines in California’s coastal waters. The U.S. Interior Department on Thursday released lease terms for projects planned for the state’s central and northern coasts. Bidders would be required to engage with

DALTON, Ga. (AP) — A Korean solar panel maker will expand its presence in Georgia by building a new $171 million plant next to an existing factory. Qcells is a unit of Hanwha Solutions. The company made the announcement Thursday. Qcells says the new plant will open in the first half of 2023 and will

By RUSS BYNUM Associated Press SAVANNAH, Ga. (AP) — Opponents of a proposed launchpad for commercial rockets on the Georgia coast want a federal court to throw out the project’s government license, saying the Federal Aviation Administration failed to adequately consider safety risks. A lawsuit in U.S. District Court says the FAA allowed Spaceport Camden

In a story published May 25, 2022, about Starbucks and unionization, The Associated Press erroneously reported the number of stores and workers that could be represented by a union. There are 268 Starbucks stores employing 7,244 workers that have petitioned the government to hold union elections, not 85 Starbucks stores employing 7,444 workers that have

The Associated Press Stocks are ending higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy’s and other retailers. The S&P 500 rose and is solidly in the green for the week following a choppy few days of trading. The gains have positioned the benchmark index for its first

By BARBARA ORTUTAY AP Technology Writer Twitter shareholders have filed a lawsuit against billionaire Elon Musk, accusing him of unlawfully sowing doubt about his bid to buy Twitter. They say the Tesla CEO’s aim has been to drive down Twitter’s stock price because he wants to walk away from the deal or negotiate a substantially

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Macy’s, Dollar Tree rise; Nutanix, Medtronic fall.

The Associated Press Benchmark U.S. crude oil for July delivery rose $3.76 to $114.09 a barrel Thursday. Brent crude for July delivery rose $3.37 to $117.40 a barrel. Wholesale gasoline for June delivery rose 5 cents to $3.88 a gallon. June heating oil rose 10 cents to $3.97 a gallon. June natural gas fell 6

WASHINGTON (AP) — The Supreme Court has allowed the Biden administration to use a higher estimate than Republican-led states want for calculating damages to people and the environment from greenhouse gas emissions. A federal judge had blocked the government from putting greater emphasis on potential damage from greenhouse gas emissions when creating rules for polluting

By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — This summer is a crucial one for Atlantic City as it tries to recover lost business during the third year of the coronavirus pandemic, and casinos and non-gambling resorts are putting millions into renovations and new attractions to compete for visitors. On Thursday, Bally’s opened

By STEFANIE DAZIO, CHRISTOPHER WEBER and TERRY TANG Associated Press LOS ANGELES (AP) — To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country. For Marvin Harper,

BAGHDAD (AP) — Iraqi lawmakers have passed a bill criminalizing any normalization of ties and any relations, including business ties, with Israel. The law was approved on Thursday, with 275 lawmakers voting in favor of it in the 329-seat assembly. Violating the law would be punishable with the death sentence or life imprisonment. An influential

By NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) — A Greek official says the crude oil cargo of an Iranian-flagged tanker that was stopped in Greek waters last month has been seized and is being transferred to another vessel following a request from the U.S. The official said following a “judicial intervention by U.S. authorities

By ROB GILLIES and FRANK JORDANS Associated Press BERLIN (AP) — Government officials say Western allies are considering whether to allow Russian oligarchs buy their way out of Western sanctions and use the money to rebuild Ukraine. Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland proposed the idea at a G-7 finance ministers’ meeting

WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest rates on the key 30-year home loan remain at decade-high levels. Economic uncertainty and weakened homebuyer demand continue to loom over mortgage rates. Mortgage buyer Freddie Mac reported that the 30-year rate declined to 5.1%

NEW YORK (AP) — Airline stocks are soaring, with Southwest and JetBlue saying revenue this summer will be even stronger than they were expecting. The airlines made their comments Thursday in regulatory filings. It all points to the airlines’ ability to charge higher fares and still fill their planes because of strong demand from travelers.

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. Stagflation is the bitterest of economic pills: High inflation

By MICHAEL R. SISAK Associated Press NEW YORK (AP) — Former President Donald Trump must answer questions under oath in the New York attorney general’s civil investigation into his business practices, a state appeals court ruled Thursday, rejecting his argument that he be excused from testifying because his answers could be used in a parallel

By HARUKA NUGA Associated Press TOKYO (AP) — Sri Lankan President Gotabaya Rajapaksa has asked for urgent international help as his country suffers from a severe financial crisis. For months, Sri Lankans have been enduring shortages of necessities because of the country’s lack of foreign currency to pay for imports. The government has halted repayments

TOKYO (AP) — Thai Prime Minister Prayuth Chan-ocha says a new U.S.-backed economic pact is further proof of how important and relevant Asia is today. U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida announced earlier this week that 13 countries have joined the Indo-Pacific Economic Framework. It’s a new trade pact that will

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Shoppers’ return to occasion dressing helped to power Macy’s fiscal first-quarter results. The department store chain raised its annual earnings outlook even as surging inflation is crimping Americans’ budgets. The results announced Thursday was among the few bright spots in a pile of reports from

MADRID (AP) — Police in Spain say an explosion at a biodiesel plant has left two people dead and forced 250 children to be evacuated from the area. Video of the explosion on Thursday showed flames engulfing the plant in the northern region of La Rioja, sending large plumes of black smoke into the sky.

By ZEN SOO Associated Press HONG KONG (AP) — Alibaba Group Holding on Thursday reported a single-digit increase in its fourth-quarter revenue, its slowest quarter yet as its online services and e-commerce businesses took a hit amid COVID-19 lockdowns across China. Revenue increased 9% to 204.05 billion yuan ($30.3 billion) in the three months ended

BEIRUT (AP) — Dozens of doctors, nurses and medical personnel have rallied outside the Central Bank in the Lebanese capital of Beirut after declaring a two-day general strike. They are protesting rapidly deteriorating economic conditions and Central Bank policies that have allowed banks to impose random capital controls and other restrictions on depositors. Lebanon’s medical

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan will open its borders to foreign tourists in June for the first time since imposing tight pandemic travel restrictions about two years ago, but only for package tours for now. Prime Minister Fumio Kishida says Japan will allow the entry of people on tours with fixed

By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter. Last quarter’s drop in the U.S. gross

By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — The fastest inflation in 40 years squeezed retailers during the first quarter, alarming investors worried about the broader economy’s outlook. While profits for all companies in the benchmark S&P 500 index grew by about 9% last quarter, retailers’ profits contracted more than 30% from

By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for jobless aid last week as the number of Americans collecting unemployment benefits remains near five-decade lows. Applications for unemployment benefits fell by 8,000 to 210,000 for the week ending May 21, the Labor Department reported Thursday. First-time applications are generally representative of

By MAE ANDERSON AP Business Writer NEW YORK (AP) — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the women occupying the corner office rose 26% to nearly $16 million, according to the annual survey done by

MADRID (AP) — The Spanish government will tighten judicial control over the country’s intelligence agency. Prime Minister Pedro Sánchez made the announcement Thursday, weeks after the agency admitted it had spied on several pro-independence supporters in Catalonia with judicial authorization. The country’s National Intelligence Center has been under fire since April, after the digital rights

The Associated Press For its annual analysis of CEO pay, The Associated Press used data provided by Equilar, an executive data firm. Equilar examined regulatory filings detailing the pay packages of 340 executives. Equilar looked at companies in the S&P 500 index that filed proxy statements with federal regulators between Jan. 1 and April 30,

ISTANBUL (AP) — Turkey’s central bank kept its main interest rate unchanged for a fifth month running despite an annual inflation rate of nearly 70%. The bank said Thursday it would keep its policy rate “constant” at 14%. It argued inflation was driven by geopolitical developments and the “temporary effects of pricing formations.” The decision

By STAN CHOE AP Business Writer NEW YORK (AP) — Within the eight- and even nine-figure sums trumpeted for CEOs each year, just a small portion is actual cash. Last year, only a little more than a quarter of compensation for the typical CEO came from cash salary or bonus.  Instead, most of a CEO’s

By STAN CHOE AP Business Writer NEW YORK (AP) — Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million. That’s according to the AP’s annual pay survey conducted with Equilar. Such raises tower over the 4.4% gain in wages and benefits netted by private-sector

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Troubled Japanese technology giant Toshiba has announced some additions to its proposed leadership ahead of a shareholders’ meeting next month. Toshiba is seeking to add on the board outside directors, such as Nabeel Bhanji, an executive at Elliott Opportunity II Corp., which handles acquisitions and investments,

By MICHELLE CHAPMAN AP Business Writer Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and some economic uncertainty. As part of the transaction, VMware shareholders can choose to receive either $142.50 in cash or

By JILL LAWLESS and SYLVIA HUI Associated Press LONDON (AP) — Britain’s Conservative government unveiled a 15 billion pound ($19 billion) emergency aid package Thursday to ease a severe cost-of-living squeeze, announcing the plan a day after Prime Minister Boris Johnson vowed to “move on” from a months-long scandal over government parties during COVID-19 lockdowns.

LISBON, Portugal (AP) — The Portuguese government has given its authorization for the sale of Chelsea by Roman Abramovich. The Russian oligarch is a Portuguese passport holder and needed the government’s approval. The decision by Portugal was announced a day after the British government approved the sale of Chelsea by the sanctioned Russian to a

By RICARDO MAZALAN and ELENA BECATOROS Associated Press KYIV, Ukraine (AP) — Moscow pressed the West on Thursday to lift sanctions against Russia over the war in Ukraine, seeking to shift the blame for a growing food crisis that has been worsened by Kyiv’s inability to ship millions of tons of grain and other agricultural

By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — The office of Albania’s prime minister says the country has offered to NATO a naval base in an effort to highlight the tiny country’s value in the alliance “in these difficult times.” Prime Minister Edi Rama said Thursday Pashaliman naval base, 180 kilometers (110 miles) south

SOFIA, Bulgaria (AP) — An international rights group says that Bulgarian authorities are attacking Afghan and other asylum-seekers, using police dogs and other violence to illegally push them back over the border into Turkey. Human Rights Watch said Thursday that the migrants reported being beaten, robbed and stripped. HRW refugee and migrant rights officer Michelle

By JAMEY KEATEN Associated Press DAVOS, Switzerland (AP) — German Chancellor Olaf Scholz has expressed hopes for global cooperation on climate change, hunger and war as dozens of climate activists demonstrated in the Swiss town of Davos. Both came on the last day of the World Economic Forum’s meeting of global elites. It ended Thursday

By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal. Coal is a heavily polluting fossil fuel that’s responsible for a large chunk of global greenhouse gas emissions. Senior officials from the G-7 countries are

SARAJEVO, Bosnia-Herzegovina (AP) — British Foreign Secretary Liz Truss is in Bosnia’s capital to reaffirm the U.K.’s commitment to the ethnically divided Balkan country amid growing fears of malign influence from Russia. Truss was meeting with top officials in Sarajevo on Thursday. She announced a U.K.-backed Western Balkans investment package aimed at providing $100 million

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea. “Improved risk sentiments in Wall Street, along with earnings outperformance

By JENNIFER SINCO KELLEHER and ANITA SNOW Associated Press HONOLULU (AP) — Many hotels across the United States have done away with daily housekeeping service, making what was already one of the toughest jobs in the hospitality industry even more grueling. Industry insiders say the move away from daily cleaning, which gained traction during the

By MIKE SCHNEIDER Associated Press Ko Im always thought she would live in New York forever. She knew every corner of Manhattan and had worked hard to build a community of friends. Living in a small apartment, she found her attitude shifting early in the coronavirus pandemic. After her brother accepted a job in Seattle

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — China wants 10 small Pacific nations to endorse a sweeping agreement covering everything from security to fisheries in what one leader warns is a “game-changing” bid by Beijing to wrest control of the region. A draft of the agreement obtained by The Associated Press shows

By HILLEL ITALIE AP National Writer NEW YORK (AP) — Literary ‘superagent’ Mort Janklow, whose clients included Ronald Reagan and Barbara Walters, has died at age 91. The cause was heart failure. He was a colorful former corporate attorney who brokered big contracts for political, publishing and entertainment leaders. Besides Reagan and Walters, his clients

By JONATHAN MATTISE Associated Press NASHVILLE, Tenn. (AP) — A civil rights advocate says he and two Dollar General store workers were denied access to the company’s shareholder meeting in Tennessee where they had been outside protesting for better pay and workplace safety improvements. The Rev. William Barber II told The Associated Press he and

By MARCIA DUNN AP Aerospace Writer CAPE CANAVERAL, Fla. (AP) — Boeing’s crew taxi returned to Earth from the International Space Station on Wednesday, completing a repeat test flight before NASA astronauts climb aboard. It was a quick trip back: The Starliner capsule parachuted into the New Mexico desert just four hours after leaving the

By MARCY GORDON AP Business Writer WASHINGTON (AP) — Twitter will pay a $150 million penalty and put in new safeguards to settle federal regulators’ allegations that the social platform failed to protect the privacy of users’ data over a six-year span. The Justice Department and the Federal Trade Commission announced the settlement Wednesday with

By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Writers Could technology companies have monitored ominous messages made by a gunman who Texas authorities say massacred 19 children and two teachers at an elementary school? Could they have warned the authorities? Answers to these questions remain unclear, in part because official descriptions of the shooting have

By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — About $33 million of the $1 trillion bipartisan infrastructure plan recently signed into law by President Joe Biden will go toward cleanning up 277 of an estimated 15,000 abandoned oil and gas wells on federal land, the nation’s interior secretary said Wednesday. “Millions of Americans live

The Associated Press Stocks rose broadly on Wall Street Wednesday after minutes from the Federal Reserve’s most recent meeting indicate the central bank intends to move “expeditiously” to raise interest rates back to more neutral levels in its fight to tame inflation. The S&P 500, the Dow Jones Industrial Average and the Nasdaq rose. Small-company

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Nordstrom, Caleres rise; Mr. Cooper, Raymond James fall

The Associated Press Benchmark U.S. crude oil for July delivery rose 56 cents to $110.33 a barrel Wednesday. Brent crude for July delivery rose 47 cents to $114.03 a barrel. Wholesale gasoline for June delivery rose 2 cents to $3.83 a gallon. June heating oil rose 9 cents to $3.87 a gallon. June natural gas

By The Associated Press The Biden administration is siding against the airline industry in a case that involves whether California-based flight crews should get the rest breaks that are required under state law. The airlines say they should not — that only the federal government can regulate the airline industry. On Wednesday, the Biden administration

By JENNA FRYER AP Auto Racing Writer INDIANAPOLIS (AP) — The Indianapolis 500 will be presented by Gainbridge for the next several years under a contract extension announced Wednesday with the online investment platform. Gainbridge in 2019 became presenting sponsor of the iconic race. Gainbridge is also the primary sponsor for Andretti Autosport driver Colton

By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Congressional Budget Office says that high inflation will persist into next year. This will likely cause the federal government to pay higher interest rates on its debt. The nonpartisan agency expects that the consumer price index will rise 6.1% this year and 3.1% in 2023. This

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high. At the same time, many of the

By DEE-ANN DURBIN AP Business Writer It’s become a common sight: jubilant Starbucks workers celebrating after successful votes to unionize at dozens of U.S. stores. But when the celebrations die down, a daunting hurdle remains. To win the changes they seek, like better pay and more reliable schedules, unionized stores must sit down with Starbucks

Associated Press Amazon shareholders have voted against a proposal calling for an independent audit of working conditions at the company’s warehouses. The e-commerce company opposed the proposal and the 14 others presented Wednesday at its annual shareholders meeting. Citing preliminary voting results, the Seattle-based company said all the resolutions were voted down by a majority

By BARBARA ORTUTAY and MICHAEL LIEDTKE AP Technology Writers SAN FRANCISCO (AP) — Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk’s own unpredictable fixation with the number

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Esther George, the president of the Federal Reserve Bank of Kansas City, will retire in January, as required by the Fed’s mandatory retirement rules. George, who has typically supported higher interest rates to ward off inflation, spent 40 years at the Kansas City Fed and became

By THALIA BEATY Associated Press NEW YORK (AP) — The president of the Ford Foundation, Darren Walker, has received France’s highest cultural honor in recognition of his support of the arts and artists. He was named commander of France’s Order of Arts and Letters on Tuesday at a mansion owned by the French embassy in

By JOHN RABY Associated Press CHARLESTON, W.Va. (AP) — Attorneys for the state of West Virginia and two remaining pharmaceutical manufacturers have reached a tentative $161.5 million settlement. Attorney General Patrick Morrisey announced the development as closing arguments were set to begin in a 7-week trial. The state sued Teva Pharmaceuticals, AbbVie’s Allergan and their

By BECKY BOHRER Associated Press JUNEAU, Alaska (AP) — The U.S. Environmental Protection Agency is proposing restrictions that would block plans for a copper and gold mine in Alaska’s Bristol Bay region. It is the latest in a long-running dispute over efforts by developers to advance the mine in a region known for its salmon

BRUSSELS (AP) — The European Commission is proposing to confiscate the frozen assets of oligarchs who try to violate the bloc’s sanctions adopted in response to the Russian war in Ukraine. The EU’s executive arm on Wednesday proposed two EU laws that would require the bloc’s 27 member states to cede a degree of jealously

By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — European Union efforts to impose an embargo on Russian oil are facing more roadblocks. Hungarian officials say they will not back the plan in its current form. They have recommended removing the topic from the agenda of an EU leaders’ summit next week. The EU has

By SALLY FRENCH of NerdWallet Many airlines, including Southwest Airlines and Delta Air Lines, have resumed full beverage, alcohol and in-flight meal services since cutting refreshment offerings early on in the pandemic. Alcohol, specifically, had possibly gotten the ax as a way to protect flight attendants and passengers alike — both from the spread of

PARIS (AP) — Several hundred climate protesters have disrupted a TotalEnergies shareholders meeting in Paris. They blocked the entrance to the gathering Wednesday to denounce the oil and gas giant’s stake in Russia despite Moscow’s war in Ukraine. TotalEnergies tweeted that due to activists impeding access to the meeting, “it unfortunately won’t be possible for

By MICHAEL CANTU Edmunds Jeep has resurrected its Grand Wagoneer nameplate as a new three-row luxury SUV. It’s the brand’s most expensive SUV and offers impressive power and top-notch tech. But is the all-new Jeep good enough to take down the long-running and successful Cadillac Escalade? Edmunds compares them to find out.

By JILL LAWLESS Associated Press LONDON (AP) — An investigative report released Wednesday blamed British Prime Minister Boris Johnson and other senior leaders for allowing boozy government parties that broke the U.K.’s COVID-19 lockdown rules, and while Johnson said he took “full responsibility” for the breaches, he insisted he would not resign. Revelations that Johnson

By KELVIN CHAN AP Business Writer DAVOS, Switzerland (AP) — The risks to the global economy are leading to an increasingly gloomy view of the months ahead for corporate leaders, government officials and other VIPs gathered at the World Economic Forum meeting in Davos, Switzerland. The issues range from soaring inflation, Russia’s war in Ukraine,

BERLIN (AP) — Commodities firm Glencore says it has reached deals with authorities in the United States, Britain and Brazil to resolve corruption allegations in return for penalties totaling up to $1.5 billion. The Anglo-Swiss company said late Tuesday that it will pay $700 million to resolve a U.S. bribery probe and a further $486

By ELENA BECATOROS Associated Press BAKHMUT, Ukraine (AP) — Chunks of thick, twisted metal and wood splinters lie among the swings and slides in the playground outside a bombed-out school. Some streets away, a yellow bathtub dangles over the void left when part of an apartment building collapsed in a bombing. The eastern Ukrainian town

By ELENA BECATOROS and YURAS KARMANAU Associated Press KRAMATORSK, Ukraine (AP) — Piano music wafted from an apartment block on a recent spring evening in Kramatorsk, blending with distant artillery fire for a surreal soundtrack to a bomb-scarred neighborhood in the eastern Ukrainian city. Everywhere in Ukraine, the 3-month-old war never seems to be far

By ROB HARRIS AP Global Soccer Writer LONDON (AP) — Roman Abramovich’s 19-year ownership of Chelsea is ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd Boehly. The government had to be sure that Abramovich, who

By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — A senior Turkish official insisted after talks with Swedish and Finnish officials Wednesday that Turkey would not agree to the two Nordic countries joining NATO unless specific steps are taken to address Ankara’s objections. “We have made it very clear that if Turkey’s security concerns are

ASHOK SHARMA Associated Press NEW DELHI (AP) — India is restricting its sugar exports to 10 million tons in the current season to help maintain domestic availability and keep prices stable. The decision follows a similar measure for wheat and comes amid signs of tightening world supplies. India is the second-largest producer and biggest consumer

By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s new Prime Minister Ranil Wickremesinghe has been sworn in as finance minister to try to address the nation’s devastating economic crisis. President Gotabaya Rajapaksa named Wickremesinghe to the position in an apparent bid to regain Sri Lanka’s credibility as the government negotiates a

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Thursday after notes from the Federal Reserve’s latest meeting confirmed expectations for more interest rate hikes but contained no surprises to rattle investors. Benchmarks in Hong Kong and Sydney declined while Tokyo, Shanghai and Seoul were higher. Oil prices also advanced.

By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The head of the Food and Drug Administration faced bipartisan fury from House lawmakers Wednesday over months of delays investigating problems at the nation’s largest baby formula plant that prompted an ongoing shortage. FDA Commissioner Robert Califf laid out a series of setbacks in congressional testimony

By DANIEL POLITI Associated Press BUENOS AIRES, Argentina (AP) — After a reprieve of months, confirmed cases of COVID-19 are surging in the southern tip of South America. But officials in Argentina, Chile and Uruguay hope high vaccination rates mean this latest wave will not be as deadly as previous ones. At the same time,